Senate Finance Meets Jordanian Businessmen Association

Senate Finance Meets Jordanian Businessmen Association

The Senate Finance and Economic Committee, headed by Dr. Rajai Muasher, met today, Monday, with the Chairman of the Jordanian Businessmen Association, Hamdi Tabbaa, and members of the association.

Muasher said that the meeting with the association comes due to its pivotal role and leadership in the field of investment and strengthening the national economy, and to discuss the impact of current circumstances on the national economy, and the extent of the impact of challenges on economic sectors.

In turn, Tabbaa spoke, in the presence of the Association’s Director General, Tariq Hijazi, about the impact of recent developments on the national economy, in addition to the most prominent challenges facing the economy in light of regional circumstances, stressing the importance of supporting local production and exploiting natural resources, and improving the efficiency of using financial resources in addition to developing development and investment projects, which enhances self-reliance.

He considered that challenges are an opportunity to enhance financial and economic independence by adopting sustainable development policies, enhancing partnership between the public and private sectors, and involving the private sector in implementing major investment projects and developing development and service projects that achieve the goals of the Economic Modernization Vision.

He stressed the importance of establishing a sovereign emergency fund financed by the revenues of taxes on luxury goods and the profits of major companies and investing them in strategic projects in energy and infrastructure.

The committee members praised the pivotal role of the association in coordinating the efforts of the private sector, strengthening the local economy, self-reliance, stimulating investment and supporting the national economy, stressing the need for coordination and continued communication with the association to benefit from its economic expertise